Empire Industries Closes Private Placements of Units and Convertible Debentures
WINNIPEG, Tuesday, February 15, 2011 – Empire Industries Ltd. (“Empire” or the “Company”) (TSX-V: EIL) is pleased to announce that it completed the closings of the previously announced non-brokered private placements of Units and Convertible Debentures for aggregate gross proceeds of $2,660,000. The proceeds from the financings will be used for working capital purposes for …